CHOOSING THE RIGHT ERP MODULES FOR A BUSINESS

ERP (Enterprise Resource Planning) software is currently trending among large organizations as well as the SMEs. With the changing technology, globalization, internet marketing and mobile implementations, the ERP systems are rapidly becoming mandatory for competent businesses. Most of the organizations now understand the importance of data analytics and the need for ERP systems within the organization which provides the same to the management. More and more organizations in Singapore are approaching the top ERP vendors in their respective industries to adapt the most competent and affordable ERP software system. Every organization’s workflow may differ and hence, many organizations find the existing ERPs not flexible enough to accommodate their workflow. Those who can afford a new ERP specially made for their business are opting for a custom-made ERP solution to be implemented within the organization. This is feasible only for large organizations with multi-location facilities as it will improve their work-flow and increase their credibility. Even though ERP solutions are in the market for more than 20 years now, cost still remains a major obstacle for many organizations to adopt an ERP implementation for their organization.

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